Despite the best efforts of American capitalism, there is no Coca-Cola or McDonald’s “of marijuana.” And thanks to federal prohibition, there won’t be, at least for a while. And even if there is, standardization just isn’t what most cannabis users want. At least one of the cannabis companies trying to be a national force has […]
Columbia Care
Columbia Care Accused of Fraudulently Taking Lucrative License
The complaint accuses New York-based Columbia Care of tortious interference with contract, unjust enrichment, civil conspiracy, aiding and abetting fraud and aiding and abetting breach of fiduciary duty, among other offenses, A Florida company focused on low-THC cannabis sued a New York-based cannabis company in New York County’s Supreme Court Commercial Division Friday, arguing that […]
Columbia Care to Acquire The Green Solution, Colorado’s Largest Vertically Integrated Cannabis Operator
PRESS RELEASE Combination will bring together best-in-class medical, health & wellness and legalized adult use capabilities and product portfolios Columbia Care to become the leading operator in the $1.6B Colorado cannabis market – with proforma trailing-twelve month revenue of $138M, the combination will expand the Company’s footprint to 74 dispensaries and 19 cultivation/manufacturing facilities November […]
Columbia Care Expands Dispensary Footprint, Announcing Openings in Maryland, Delaware and Florida
PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest fully integrated operators in the global medical cannabis industry with licenses across the US and EU, today announced the addition of four new dispensaries with openings in Maryland, Delaware and Florida. Columbia Care’s […]
Columbia Care Reports First Quarter 2019, Fourth Quarter and Full Year 2018 Financial Results
PRESS RELEASE First quarter 2019 revenue increase of 45% over prior year Completion of go-public transaction provides capital to fund long-term growth prospects Expansion of US footprint with 13 lease signings in Florida, dispensary openings in Brooklyn, NY and San Diego, CA, reinforcing organic growth strategy in key markets NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: […]
Columbia Care Leads US Cannabis Industry Towards Global Expansion By Becoming First American Company Licensed in European Union
PRESS RELEASE Launches EU and global expansion strategy with fully integrated license issued by federal government of Malta NEW YORK, Nov. 15, 2018 (GLOBE NEWSWIRE) — Columbia Care LLC, the leading medical cannabis company in the United States (U.S.), announced today that it received notification that its application for licensure in Malta has been approved […]
On the Move: The Ever Increasing Domestic Footprint of Columbia Care
Ten days ago, the Virginia Board of Pharmacy Granted Five Pharmaceutical Processor Conditional Permits. The state originally indicated that they had a preference to award in-state operators but, noticeably, included two multi-state cannabis licensees in the permit mix. Columbia Care (CC), which CBE covered back in November of 2016 (Building a Medical Marijuana Footprint One Market […]
Virginia Board of Pharmacy Grants Five Pharmaceutical Processor Conditional Permits
By Rebecca Gwilt, Esq. On September 25, 2018, the Virginia Board of Pharmacy met in closed session for more than 5 hours before awarding five conditional permits to 5 separate companies who will likely become the first pharmaceutical processors in Virginia. At the beginning of the meeting, the Board heard from at least two applicants […]
Medical marijuana maker: Legalizing recreational use of marijuana in NY is a balancing act
Any day, week or month now, the state Department of Health will tell New Yorkers why it’s recommending marijuana be legal for recreational use. In mid-June, Health Commissioner Dr. Howard Zucker said the pros of marijuana outweigh the cons,said his department would release its report on the subject “soon.” A health department spokeswoman this week […]
Building a Medical Marijuana Footprint One Market at a Time: Columbia Care
Columbia Care, a vertically-integrated medical marijuana licensee in more states than any other industry participant with facilities in many of the country’s largest metropolitan areas, has become one of the largest national cannabis industry players and a policy leader to both Federal and State officials. CBE caught up with Columbia Care’s CEO and Co-Founder, Nicholas Vita, and […]
